Cedaar Textile Limited

Company Profile
Company Name Cedaar Textile Limited
Open Date 30-06-2025
Close Date 02-07-2025
Exchange NSE SME
Lot Size 1,000 Shares
Issue Price ₹130-₹140
Issue Size 43,50,000 shares
Application Amount ₹1,40,000
Recommendation Avoid
Cedaar Textile Limited manufactures and sells its products like Yarn, Technical Textile IFR, Fabrics and Dyed Yarn. The is engaged in the manufacturing of Quality Melange Yarn for use in the household textile, woven goods and hosiery. The company was originally incorporated as ‘Cedaar Textile Private Limited’ on Sep 28, 2020. The name was changed to Cedaar Textile Limited. The registered office is located in Bangalore, Karnataka.
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Financial Summary in Lakhs

KPIs Mar-22 Mar-23 Mar-24 Dec-24*
Revenue 21,740.31 16,024.98 18,968.38 14,909.67
EBITDA 1,525.89 1,563.42 2,881.05 2,607.24
Net Profit 798.63 458.94 1,105.03 939.86
RoCE 15.40% 12.92% 24.82% 14.07%
ROE 83.23% 32.35% 43.79% 7.58%
P/E 13.15 22.88 9.50 20.67

Tentative Timeline

Opening Date 30-06-2025
Closing Date 02-07-2025
Basis of Allotment 03-07-2025
Initiation of Refunds 04-07-2025
Credit of Shares to Demat 04-07-2025
Listing Date 07-07-2025

Objects of the Issue

Installation of Grid-tied Solar PV Rooftop System for Captive evacuation
Modernization of the Machines
Working Capital Requirement
General Corporate Purposes

Contact Information

Registered Office Cedaar Textile Limited KSSIDC Plot No B-34 Industrial Estate, Yelahanka New Town, Bangalore Urban, Karnataka, 560064
Phone +91 9815610607
Email info@cedaartextile.com
Website https://cedaartextile.com/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

NII (HNI) Shares Offered 13,28,000 (29.74%)
Retail Shares Offered 15,00,000 (33.59%)
QIB Shares Offered 12,02,000 (26.91%)
Market Maker Shares Offered 2,18,000 (4.88%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 68.66%

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